Bonsai vs Invoice2go

Bonsai vs Invoice2go

Invoicing platforms Bonsai and Invoice2go have different value propositions that center on customer support preferences, teamwork and pricing strategy.

Invoice2go provides reasonably priced entry-level pricing with the Starter plan starting at $5.99/month and Professional and Premium plans following. Despite increased expenses, Bonsai continues to offer premium pricing with an infinite number of clients and projects.

With unlimited team members available at all price points, Invoice2go is a great tool for expanding companies. However, Bonsai has user restrictions, limiting plans to individual users and limiting teamwork.

Custom templates, estimates, expense tracking and project-based billing are among the invoicing features that both Bonsai and Invoice2go provide. Whereas Invoice2go provides specialized features and a mobile app, Bonsai offers mileage tracking, customizable templates and recurring billing automation.

Invoice2go restricts integrations to Professional and Premium plans while Bonsai concentrates on accounting software compatibility and Stripe integration. Invoice2go provides flexible payment processing with transparent fees and multiple gateways.

While Bonsai offers standard chat and email support, it might not be able to provide immediate technical assistance. On the other hand, Invoice2go offers 24-hour Premium plan support.

While Bonsai provides specialized features for seasoned professionals, Invoice2go is affordable and perfect for expanding businesses. Although both platforms prioritize team size and financial constraints, they both provide dependable core functionality.

Side-by-Side Comparison

Bonsai Invoice2go
Core Features
Custom Templates Hundreds of customizable invoice templates Multiple customizable templates with logo design
Send Estimates/Quotations Yes Yes
Recurring Billing Automation Yes Yes (Premium plan only)
Expense Tracking Yes Yes
Time Tracking Yes Yes
Mileage Tracking Yes No
Automated Payment Reminders Yes (reminder button available) Yes
Project-Based Billing Yes Yes
Tax Handling Yes Yes
User Permissions/Role Management Yes Yes (unlimited team members)
File Uploads Yes Yes
Pricing and Plans
Free Plan Availability No (7-day free trial only) No (30-day free trial only)
Pricing Range Basic: $15/month
Essentials: $25/month
Premium: $39/month
Elite: $59/month
Starter: $5.99/month
Professional: $9.99/month
Premium: $39.99/month
Trial Period 7 days full unlimited access 30 days free trial
User Limits Basic: 1 user
Essentials: 1 user
Premium: 1 user
Elite: 3 users
Unlimited team members on all plans
Client Limits Unlimited clients & projects Unlimited on all plans
Storage Limits Not specified Not specified
Payment Processing Fees Stripe fees apply Starter: 3.5%
Professional: 3.0%
Premium: 2.9% + 30¢
Ease of Use
User Interface Simple to Moderate Simple
Onboarding Experience Yes Yes
Mobile App Availability Both Both iOS and Android
Mobile App Functionality Yes Full invoicing, time tracking, payment management
Integration
Payment Gateways Supported Stripe Payments Company Stripe, PayPal, Square, credit/debit cards
Accounting Software Compatibility QuickBooks, Xero others QuickBooks, Xero integration (Professional and Premium)
CRM Integration Limited CRM integrations HubSpot CRM, HaystackCRM
API Availability Yes Yes
Reporting & Analytics
Bank Connections Yes Yes (Invoice2go Money Banking)
Pre-Built Financial Reports Yes Yes (Advanced reports on Professional and Premium)
Custom Report Creation Yes Yes
Security & Compliance
Dashboard Metrics Yes Yes
Data Encryption FDIC pass-through deposit insurance eligible Yes
GDPR Compliance Yes Yes
Backup Options Automatic Automatic
Customer Support
Support Channels Chat/Email Email, Phone (Premium plan)
Help Center/Knowledge Base Yes Yes
24/7 Support No 24-hour support Mon-Sat (Premium plan)
Adaptability
Multi-Currency Support Yes Yes
Localization Limited languages Yes
Industry-Specific Customization Yes (freelancers, contractors) Yes
Scalability Freelancers and small businesses Freelancers to Medium Businesses
Read Bonsai Review Read Invoice2go Review
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